Align Financial LLC Invests $14.26 Million in Pacer Trendpilot US Large Cap ETF $PTLC

Align Financial LLC acquired a new position in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 256,557 shares of the company’s stock, valued at approximately $14,259,000.

A number of other hedge funds have also recently made changes to their positions in PTLC. Burkett Financial Services LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth about $41,000. Ancora Advisors LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth about $57,000. Root Financial Partners LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $136,000. Sard Wealth Management Group LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth about $200,000. Finally, Benjamin Edwards Inc. bought a new position in shares of Pacer Trendpilot US Large Cap ETF in the second quarter worth about $208,000.

Pacer Trendpilot US Large Cap ETF Trading Down 1.2%

BATS:PTLC opened at $57.62 on Thursday. The company has a market capitalization of $3.77 billion, a P/E ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12 month low of $48.62 and a 12 month high of $59.15. The business’s 50-day moving average is $56.70 and its 200 day moving average is $55.93.

About Pacer Trendpilot US Large Cap ETF

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.